Financial Accountant

Job Purpose:

Involved in the recording and classifying of financial data, reconciling accounts, cost management, conducting financial analysis and assisting in budgeting and forecasting process.

Key Accountabilities:

Accounts Receivable

• Customer creation request – Share with the GSC team the completed data as required in the respective templates along with KYC documents.
• Ensure invoices are sent to customers in a timely manner.
• Oversee AR collections to maintain cash flow. Send remittance advices to the GSC team.
• Maintain age analysis
• Customer account reconciliations.
• Follow-up on customer queries, discrepancies between services rendered and billing, resolving differences between quantities, pricing, etc.
• Perform IFRS 9 calc (bad debt provision) and ensure compliance with IFRS 15 (revenue recognition) in line with DPW policies.
• To propose and enforce credit limits in real time, manage and maintain CRM data.
• Support and resolve interface issues between Cargo Runners (CR2) & Fusion, highlighted by the GSC team.
• Perform AR period close in Fusion.

Accounts Payable

• Vendor creation request – Share with the GSC team the completed data as required in the respective templates along with KYV documents.
• Processing supplier invoices not related to COS,
• Share payment confirmation with the GSC team.
• Maintain age analysis and cash outflow.
• Enforce credit limits in real time, manage and maintain CRM data
• AP reconciliations,
• Payment approvals- load EFT payments and maintaining supplier banking records.
• Support and resolve interface issues between Cargo Runners (CR2) & Fusion, highlighted by the GSC team.
• Perform AP period close in Fusion.

Capex

• Maintain list of fixed assets, useful lives and do annual impairment test.
• Complete and submit AFE's.

Banking

• Weekly & Monthly bank Reconciliation: Ensuring that all bank statements are reconciled with internal records on a weekly & monthly basis.
• Discrepancy Resolution: Identifying and investigating any discrepancies between bank statements and internal records promptly.
• Preparing monthly reconciliation reports and providing insights on cash flow and bank activity.
• Send Bank statements to the GSC team each morning, for daily reconciliation of bank accounts created for GSC to reconcile up to GP.
• Provide a weekly cash flow report to manage Net Working Capital.

Tax processing & other statutory submissions

• Monthly VAT submission & reconciliation.
• PAYE & SDL monthly submission to ZRA & payment.
• NAPSA & NHIMA monthly submissions & payment.
• Monthly reconciliation between trade data and Revenue authorities (Asycuda)
• Semi-annual tax calc and annual tax calc & submission to ZRA.

Payroll Processing

• Processing the monthly payroll journal entries to accurately reflect payroll transactions in the financial system by 25th of the month.
• Ensuring that the finance system is fully aligned with payroll reports.

Financial Reporting

• Monthly financial reports will be delivered by:
• Early warning flash (EW Flash) – between 15th and 16th of the particular month we are reporting on (reporting calendar will be provided).
• Month end flash (ME Flash) – between 3rd and 4th of the following month that we are reporting on (reporting calendar will be provided).
• Month end flash meetings – between 5th and 6th of the following month that we are reporting on (reporting calendar will be provided).
• Month end reporting/ EPBCS (ME reporting) – between 9th and 10th of the following month that we are reporting on (reporting calendar will be provided).
• HFM pack - between 9th and 10th of the following month that we are reporting on (reporting calendar will be provided).
• Exco reporting – between 11th and 12th of the following month that we are reporting on (reporting calendar will be provided).
• Balance sheet reconciliations – 22nd of the following month that we are reporting on (reporting calendar will be provided).
• Perform GL period close for past month, and open new GL period for the next month.

Budgeting and Forecasting

• Collaborating with relevant departments to develop annual budgets that align with organizational goals.
• Updating financial forecasts as required to reflect changes in business conditions and operational needs.

Yearend Procedure

• Ensure all transactions for the year are recorded.
• Make the necessary adjusting entries for accrued expenses, prepaid expenses, depreciation etc.
• Reconcile all accounts- bank accounts, general ledger accounts, AR & AP.
• Correct any discrepancies found during reconciliations.
• Annual income tax cal.
• Arrange meeting with the auditors to discuss timeline, expectations & key deliverables.
• Prepare an audit file for the auditors, ensuring that all relevant documents are included.
• Be responsive to auditor inquiries and provide requested information in a timely manner.
• Prepare / assist with the AFS

Qualifications, Experience and Skills:

Qualifications

• BCom Finance degree

Experience

• Minimum 2-3 years of experience directly related to the duties and responsibilities specified.
• Experience in the Clearing and Forwarding environment.

Skills

Behavioural Competencies

• Ability to work under pressure with excellent attention to detail and time management skills.
• Proven ability to multitask and ensure effective delivery of the priorities to meet targets and objectives.
• Excellent communication skills
• Decision making and problem-solving skills.
• Ability to work and keep up in a fast-paced, changing business environment.
• Ability to prioritize and meet tight deadlines.
• Adapting & responding to change
• Proficient stakeholder management
• Analytical- You are able to think critically, analyze data, assess risks and opportunities within complex business situations and solve problems.
• Coping with pressure

Technical Competencies:

• Proficient in Excel and PowerPoint
• Proficient Hyperion (HFM) knowledge

About DP World

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.

With a dedicated, diverse and professional team of more than 111,000 employees from 159 nationalities, spanning 77 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.

We’re rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.

DP World is on a mission to transcend boundaries and bridge the gap between all nations and cultures – not just in what we do but also in how we behave.

We are dedicated to creating a culture where everyone feels respected, supported, and empowered to reach their full potential. We believe that embracing inclusion and diversity, drives innovation and growth and helps us connect people, businesses, and societies. Free minds and different perspectives are changing our world, and together we can change what’s possible.

WE MAKE TRADE FLOW TO CHANGE WHAT'S POSSIBLE FOR EVERYONE.

EEO Statement

DP World is committed to the principles of Equal Employment Opportunity (EEO). We strongly believe that employing a diverse workforce is central to our success and we make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, gender, disability, race, religion, or belief.

By submitting your resume and application information, you authorize DP World to transmit and store your information in the world-wide recruitment database, and to circulate that information as necessary for the purpose of evaluating your qualifications for this or other job vacancies.